An address on the chain earned approximately US$1.6 million in DAI through band operations on ETH in two days.

According to data released by Lookonchain, a user on a certain blockchain earned about $1.6 million in DAI within two days. On November 7th, the user spent 21 million DAI to buy 11,203 ETH at an average price of $1,877. After ETH rose, they sold it at an average price of $2,017 to obtain 22.6 million DAI. The user has just started to buy back ETH and spent 7.42 million DAI to buy 3,703 ETH at a price of $2,004.